Ekiti State Governor, Mr. Biodun Oyebanji has flagged off the distribution of the second phase of palliatives to the people of the state. This comes barely two weeks after the state government began the monthly transfer of N5,000 to indigent citizens in the state. Oyebanji said that the consumables comprising rice and maize to be distributed in the second phase …

The Federal Government, through the Ministry of Solid Minerals Development, will work with foremost consulting firm, PricewaterhouseCoopers (PwC), to execute the policies under the seven point roadmap to transform the sector. Receiving the PWC partner on mining, Mr. Habeeb Jaiyeola in his office, Minister of Solid Minerals Development, Dr. Dele Alake commended the company for its role in the just-concluded …

Nigeria and Angola, in an effort to enhance economic growth and promote bilateral trade, have strengthened their economic cooperation. This was revealed during the inaugural Angola-Nigeria Business Forum held in Abuja. Speaking during the business forum in Abuja, the Secretary of State for International Copassingtion and Angolan Communities, Domingos Lopes, who represented the Minister of External Relations, Angola, Téte Antonio, …

The world today is transitioning exponentially into the net-zero emission era, with a focus on renewable and green energy, sustainable digital revolution, aerospace and space exploration, national defence, global peace and advanced manufacturing. Global transitioning and global realities The developed economies of the West and East, including Europe, Russia, China and the rest of Asia, are gradually jettisoning black oil …

The African Development Bank (AfDB) Group, and the African Guarantee Fund have made a strong case for the positive impact of increasing women’s financial inclusion on Nigeria’s economy, before an audience of senior Nigerian government and banking leaders in Lagos. The two institutions opened the AFAWA Finance Series Nigeria, part of AfDB’s Affirmative Finance Action for Women in Africa (AFAWA) …

The Minister of Solid Minerals Development, Dr. Dele Alake on Thursday hosted the Governors of Kwara, Mallam AbdulRahman AbdulRazaq; Oyo State, Engr. Seyi Makinde; and Niger State, Hon. Umar Bago in his office. Bago told the media that issues around revalidating licences given to mining companies, who have gone out of their scope, dominated discussions alongside the need for them …

The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the resolve of the Bola Tinubu administration to make solid minerals the most valuable resource that would surpass crude oil’s contribution to the nation’s Gross Domestic Product (GDP). In his remarks to close the eighth edition of the Nigerian mining week, the minister restated the commitment of the ministry …

Debt servicing by the Federal Government is to increase from N6.31 trillion in 2023 to N8.25 trillion in the 2024 budget estimates, according to findings by The PUNCH. This is an increase of 30.74 per cent. Amid concerns for a reduction in the cost of governance, the Federal Government is also proposing to increase budget for personnel and pension from …

The Federal Government has confirmed that it is in talks with the World Bank for a $1.5 billion budget support loan. The government also said it would release a new Medium-Term Expenditure Framework later this month. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made the disclosure on Saturday during a press conference at the …

President Bola Tinubu has approved the appointment of Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. According to a statement on Friday by the Special Adviser on Media and Publicity to the President, Chief Ajuri Ngelale, the appointments are “in line with his resolve to base Nigeria’s economic revival on the …